Friday, June 12, 2009

Profits from Prediction based trading on Kaching Trading website

1. we started our prediction based trading on Kaching trading website from May 28,2009 using the initial allottment of virtual capital of $10 million.

2. This is a authentic trading/investment website which also offers investors/traders to trade with real money on the same platform

3. details of profit/loss are given in table below. Our porftfolio has increased 8.2% as seen in our Kaching Trading site.( details of trades can be verified there).

4. There is discrepancy in the present value of portfolio (8.2% increase) and as reflected in the table below( 11.2%). This may be due to number of reasons including price reporting error on website, possible neglect of some losses on shorting of stocks. we assume the lower of the two figures as being correct

Profit/Loss from day trade

June 11

$390,000

June 10

$250,500

June 9

$150,000

June 8

$8,300

June 5

$16,500

June 3

$368,000

June 2

-$74000

May 29

$3750

May 28

$6000

Total Profit/increase in portfolio value

1,11,9050

.

5. From now on Option trading results may be included based on trades from another webite http://www.cboe.com/ ( option express) .

6. similarly we may start giving trading results for the Indian section using the Indian trading websiet http://www.moneybhai.com/

 
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